Lakefront Resort Property with
For Sale
$849,000
11633 LAKEVIEW DR, Butternut, WI 54514
COMMERCIAL - Butternut, WI
Property SizeContact for details
Lot Size2.70 Acres
Days on Market49
Property Features for 11633 LAKEVIEW DR
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Half bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking features
Paved or Surfaced
Exterior features
HandicapAccessible, SprinklerIrrigation, Landscaping, Storage
Accessibility
Accessible Approach with Ramp
Lot features
Lake Front, Level, Open Space, Views, Wooded
View
Water
Directions
From Park Falls, take Hwy 13 N toward Butternut. L onto CTH B (Lakeview Dr.). Continue on Lakeview Dr. to Bobber's On The Lake.
Standard status
Active
APN
006-00228-0200
Lot size
2.70 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 1 CERTIFIED SURVEY 312 PT OF GOVT LOT 2 SEC 32 T41N R1W
Tax Annual Amount
3383
Legal Description
LOT 1 CERTIFIED SURVEY 312 PT OF GOVT LOT 2 SEC 32 T41N R1W
Utilities
Heating system
Propane (Heating), Baseboard, Forced Air
Cooling system
Central Air, Window Unit(s)
Water source
Well
Water front features
Lake Front
Water front
1
Building Details
Floors in Building
1
Flooring type
Laminate, Tile, Carpet
Building materials
Frame, LogSiding, VinylSiding, WoodSiding
Roof type
Shingle, Metal, Composition
Additional Structures
Outbuilding, Storage
Listing Agency:
REDMAN REALTY GROUP, LLC
(715) 358-0450
Listed By:
RENEE & CHAD RASMUSSEN TEAM · License #71524 - 94
(715) 614-3325
Added: Jun 25
Changed: Aug 4
Last Checked: Aug 12 at 1:06PM
MLS# 218101
Copyright © 2026 Greater Northwoods MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This lakefront resort property includes the real estate and business for Bobber's On The Lake, combining restaurant/tavern operations with resort lodging. The site covers approximately 2.7 acres with 190'+/- of frontage on full recreational Butternut Lake. Accommodations include four on-site cabins: a 3BR/1BA cabin, a 1BR plus loft/1BA cabin, and two studio cabins with lofts and bathrooms. The sale also includes an extensive inventory of restaurant equipment, furnishings, fixtures, business assets, and all cabin contents.
Access and convenience are built around the lake and local recreation. The property offers direct access to Butternut Lake with multiple piers for docking, plus ample paved parking. It is located on ATV and snowmobile routes for four-season traffic. Recent improvements include a new ice machine (2026), pizza prep table, beverage cooler, walk-in cooler compressor, and newer docks, along with additional equipment updates. A storage shed and room for future expansion are also included, subject to buyer verification.
On-site systems and features include well water, central air and window unit(s), propane heating, forced air and baseboard heat, and metal/shingle/composition roofing. Exterior features include handicap accessibility with an accessible approach ramp, sprinkler irrigation, landscaping, and storage, with frame construction and log/vinyl/wood siding.
Access and convenience are built around the lake and local recreation. The property offers direct access to Butternut Lake with multiple piers for docking, plus ample paved parking. It is located on ATV and snowmobile routes for four-season traffic. Recent improvements include a new ice machine (2026), pizza prep table, beverage cooler, walk-in cooler compressor, and newer docks, along with additional equipment updates. A storage shed and room for future expansion are also included, subject to buyer verification.
On-site systems and features include well water, central air and window unit(s), propane heating, forced air and baseboard heat, and metal/shingle/composition roofing. Exterior features include handicap accessibility with an accessible approach ramp, sprinkler irrigation, landscaping, and storage, with frame construction and log/vinyl/wood siding.
Key Highlights
- Approximately 2.7 acres with 190'+/- of lake frontage on full recreational Butternut Lake
- Bobber's On The Lake includes the real estate and the business, plus restaurant equipment and all cabin contents
- Four on‑site cabins: 3BR/1BA, 1BR+loft/1BA, and two studio cabins with lofts and bathrooms
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
Demographics for 54514, WI
1,673
Population
1,556
Households
1.1
Avg Household Size
55
Median Age
21%
College-Educated
95%
High-School Grad
227.7 sq mi
ZIP Area
7
Density / Sq Mi
$73,875
Median Household Income
$40,978
Median Earnings
$633
Median Rent
$158,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Resort - Lakefront resort property on Butternut Lake with four on-site cabins, a restaurant/tavern, and paved parking on 2.7 acres.
Where is this resort located?
The property is located at 11633 LAKEVIEW DR Butternut, WI.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Approximately 2.7 acres with 190'+/- of lake frontage on full recreational Butternut Lake; Bobber's On The Lake includes the real estate and the business, plus restaurant equipment and all cabin contents; Four on‑site cabins: 3BR/1BA, 1BR+loft/1BA, and two studio cabins with lofts and bathrooms
